Guarantor Liability in a Joint Bond Loan

/ / Published in CASES

14.03.2011 – The law firm “Spilios Spiliopoulos & Associates” acts on behalf of a large public limited company, providing advice on the extent of the guarantor’s legal liability in the context of a joint bond loan. As part of its broader business activities, which extend internationally, this company guaranteed the full and complete repayment of a joint bond loan amounting to five million euros (€5,000,000) which was drawn up with the issuance of five thousand (5,000) bearer bonds, each with a nominal value of one thousand euros (€1,000).